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Hyundai Sonata: Lease Questions

144 messages,  Last post on Jul 17, 2009 at 1:51 AM

You are in the Hyundai Sonata Forum. Your Hosts are pat & karens

What is this discussion about? Hyundai Sonata, Car Leasing, Sedan


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#115 of 144
Re: 2008 Sonata GLS base [glp103] by jayess
Aug 20, 2007 (5:23 am)
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Replying to: glp103 (Aug 19, 2007 5:54 pm)

glp - yours is a 36 month lease ? our numbers are similar msrp, residual, money factor except that your payment - what is the tax rate ? - would seem to make your total cost to lease - or acquire if you choose to buy out the car at lease end - much greater that ours for the same vehicle.
#116 of 144
Re: 2008 Sonata GLS base [jayess] by glp103
Aug 20, 2007 (1:18 pm)
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Replying to: jayess (Aug 20, 2007 5:23 am)

The tax is 8.65%. I have no intention of buying at the end of the lease so isn't a higher residual better for leasing?
Yes I wanted a 36mo. lease.
#117 of 144
Re: 2008 Sonata GLS base [glp103] by jayess
Aug 20, 2007 (4:06 pm)
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Replying to: glp103 (Aug 20, 2007 1:18 pm)

Did you get 12K 15K miles/yr ?
#118 of 144
Re: negotiating? Bad luck [carbuyer34] by hypoden
Aug 29, 2007 (9:42 am)
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Replying to: carbuyer34 (Aug 10, 2007 6:16 pm)

I live in syracuse, we purchased our sonata in 2001 from them. Fuccillo in Syracuse claims not to be undersold. I would threaten Watertown with going to Syracuse or indeed go to Syracuse. It's always good to work one dealer against another.
#119 of 144
Re: 2008 Sonata GLS base [jayess] by glp103
Aug 29, 2007 (12:25 pm)
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Replying to: jayess (Aug 20, 2007 4:06 pm)

12k, I only drive 9000/yr.
#120 of 144
2008 Sonata GLS Lease Special by rzalone
Sep 19, 2007 (12:56 pm)
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Local dealer in Western NY state has this special. Wanted to know if it's for real or if I'll be wearing the "DUH" shirt.
 
From the Hyundai website: Lease a 2008 Hyundai Sonata GLS A/T Base Option Package 01 for $199/month* for 24 months, $1,800 customer cash down plus $2,250 HMFC origination support, and $1,999 due at signing. See your local dealer for lease details. *The base monthly payment does not include tax, license, registration, options, and the like. This program is effective from September 11, 2007 through October 01, 2007
 
My sales rep says that this would be my deal. I pay a total of $2500.00 up front. This includes all taxes and fees and the 1st month payment. 23 remaining payments of $169.00 per month. 24 month lease, 12,000 miles per year.
 
Any assistance is appreciated.
#121 of 144
2008 Sonata GLS Lease Special by rzalone
Sep 20, 2007 (4:44 pm)
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Anyone?
#122 of 144
Lease Ripoffs by duke16
Dec 05, 2007 (1:20 pm)
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Only dealers charge so called "Cost Reductions",real true leases require no money down,maybe the 1st month
payment & one more for security depending on your credit.These leases are through leasing companies,not car dealers.They can get any car you want at pricing below the car dealers.You can go to any dealer for service.One national lease co. is Enterprise Car Lease,the same co. thats the worlds largest car rental co.
#123 of 144
couldn't swing the deal by carbuyer34
Jan 02, 2008 (7:52 am)
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Well , just to keep everyone informed we could not swing a deal for the hyundai sonata and ended up with a nissan altima 2008 2.5 SE 300.00 month for 36 months 12,500 per year.
#124 of 144
Re: couldn't swing the deal [carbuyer34] by Car_man HOST
Jan 24, 2008 (3:40 am)
Reply

Replying to: carbuyer34 (Jan 02, 2008 7:52 am)

Thanks for the update, carbuyer34. If you want to lease, you are definitely better off going with a Nissan Altima instead of a Hyundai Sonata. Nissan's lease program for the '08 Altima Sedan is very attractive, while Hyundai is not even providing lease support on the Sonata in most areas. Enjoy your new Altima and don't forget to stop by the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

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